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May 08, 2024
 

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ECONOMIC INDICATORS

Japan's travel surplus posted the biggest amount for July since comparable data became available in 1996, with the country seeing a revival of inbound tourism in recent months.
BUSINESS
Sep 8, 2023
Japan current account surplus up threefold in July
The figure — ¥2.77 trillion, a record for the month — was boosted by declining crude oil prices that helped reduce imports.
Japan's economy grew less than initially estimated in the second quarter as capital expenditure slid, suggesting heightening overseas uncertainties are weighing on business confidence.
BUSINESS / Economy
Sep 8, 2023
Japan economic growth revised down as firms and consumers cut back
Gross domestic product grew at an annualized 4.8% from the previous three months, revised figures from the Cabinet Office showed Friday.
Japan's household spending dropped 2.7% in July from the previous month, as persistent inflation continued to erode purchasing power.
BUSINESS / Economy
Sep 5, 2023
Japan’s households cut back spending as Kishida considers measures
Weak data indicate an economy struggling to build momentum as inflation outpaces wage gains and consumer spending remains below pre-pandemic levels.
Japanese companies raised spending on plants and equipment in the April-June quarter but the pace of annual gains slowed to the lowest in five quarters, reflecting global recession worries amid China's slowing growth.
BUSINESS / Economy
Sep 1, 2023
Japan firms cut capital spending over global growth concerns
The latest figures feed into a picture of Japan’s growth being overly reliant on overseas demand.
Manufacturing machinery and electronic components were among the biggest drags on Japan's industrial output in July.
BUSINESS / Economy
Aug 31, 2023
Japan output drops in July as global slowdown reverberates
Factory output declined 2% from June, the industry ministry said Thursday.
Japan’s unemployment rate rose for the first time in four months in July.
BUSINESS / Economy
Aug 29, 2023
Rising jobless rate dims outlook for labor market and inflation
The job market must tighten to spur wage gains, which in turn would contribute to a virtuous cycle of inflation and salaries.
Japan's exports have been "picking up recently," the government said in its latest monthly economic assessment, its first upward revision since May,
BUSINESS
Aug 28, 2023
Japan improves view on exports for first time in three months
The Cabinet Office report cited the boost to auto shipments from easing supply issues and the bottoming out of demand for semiconductor-related goods.
The Tokyo core consumer price index rose 2.8% in August from a year earlier, slowing for the second straight month but remaining well above the central bank's 2% target.
BUSINESS / Economy
Aug 25, 2023
Inflation in Tokyo slowed in August but stayed above BOJ target
The Tokyo core consumer price index, which excludes volatile fresh food but includes fuel costs, rose 2.8% in August from a year earlier.
Japan's core consumer inflation slowed in July but remained above the Bank of Japan's price target for the 16th straight month.
BUSINESS
Aug 18, 2023
Japan’s 'sticky' inflation trend may keep BOJ on edge over prices
Prices excluding energy and fresh food increased 4.3% from the previous year, matching the record set in May, which was the fastest since 1981.
Containers in a shipping terminal at the Honmoku pier in Yokohama in June
BUSINESS / Economy
Aug 17, 2023
Japan logs first export decline in over two years
The value of exports fell in July from a year earlier, retreating for the first time since February 2021.
People walk along Shanghai's main shopping area on March 14. China's economic activity data has been missing forecasts, raising worries that the country is approaching a crunch point.
BUSINESS / Economy
Aug 16, 2023
As China's economy slows, economists ask how much worse it can get
The demise of the country's growth has been mistakenly forecast before. Is this time different?
Japan’s economy has expanded at a much faster pace than forecast, despite weak domestic consumption.
BUSINESS / Economy
Aug 15, 2023
Japan’s GDP grows at 6% on strong exports as consumption falters
Capital spending by businesses was flat, versus forecasts of a 0.4% increase, while private consumption unexpectedly declined by 0.5%.
Japan's wholesale inflation slowed in July year-on-year due to softer energy costs.
BUSINESS / Economy
Aug 10, 2023
Japan's wholesale inflation slowed in July for seventh month
The slowing pace of increases, due to softer energy utility costs, suggest pressures that drove up consumer prices are running their course.
Japan's current account surplus in June roughly tripled from a year earlier after the resource-scarce nation recorded its first trade surplus in nearly two years.
BUSINESS
Aug 8, 2023
Half-year current account surplus up 11% as trade deficit shrinks
Surging import costs for energy, raw materials and other goods have left Japan deep in the red, despite a recovery in exports.
Nominal cash earnings for workers in June rose 2.3% from the previous year, decelerating from a revised 2.9% clip in the previous month.
BUSINESS / Economy
Aug 8, 2023
Wage growth slowed in June, boosting case for BOJ to hold firm
The unexpected slowdown suggests the labor market may be losing some steam, and clouds prospects for the Bank of Japan’s sustainable inflation goal.
Japan’s unemployment rate fell for the first time in two months in June, feeding into optimism that upward pressure on wages may persist and help sustain inflation.
BUSINESS / Economy
Aug 1, 2023
Japan's jobless rate falls in positive sign for wages, BOJ goal
The jobless rate fell to 2.5%, the ministry of internal affairs said Tuesday, the lowest since January.
Japan's industrial production in June climbed 2% from the previous month, led by brisk output of new automobiles amid strong demand at home and abroad.
BUSINESS
Jul 31, 2023
Japan’s production rebounds, signaling continued modest recovery
Factory output rose 2% from the previous month, rebounding from the previous month and led by increases in cars and electronic devices.
Core inflation in Japan's capital slowed in July but remained well above the Bank of Japan's 2% target.
BUSINESS / Economy
Jul 28, 2023
Tokyo CPI growth tops consensus, focusing attention on BOJ
Consumer prices excluding fresh food rose 3% in the capital, beating analysts’ forecast of a 2.9% increase, underscoring the stickiness of underlying inflation.
Prime Minister Fumio Kishida speaks at a meeting of the government's Council on Economic and Fiscal Policy at the Prime Minister's Office in Tokyo Tuesday.
NEWS Web
Jul 25, 2023
Japan expects smaller deficit in fiscal 2025, but primary balance goal unmet
The updated estimate, based on a more optimistic economic growth scenario, still underscores the daunting challenge of restoring the country's fiscal health.
The value of Japan's exports rose 1.5% in June, led by shipments of cars and construction machinery, government data shows.
BUSINESS / Economy
Jul 20, 2023
Japan’s surprise trade surplus comes with caveats for growth
Government report highlights vulnerabilities in the state of demand around the world and points to risks for Japan’s growth prospects.
Tokuryū, a new crime menace in Japan, emerges from the shadows
The National Police Agency coined the term "tokuryū" to classify individuals involved in dark part time jobs and quasi-gangsters, using the words "tokumei" (anonymous) and "ryūdo" (fluid) to reflect their characteristics.
Is Modi’s party heading for a stunning election loss?
Indian Prime Minister Narendra Modi's campaign tactics have escalated, including anti-Muslim rhetoric and fearmongering, reflecting his ruling party's desperation.
Japan's labor crunch persists despite slight improvement
Over 300 companies went out of business in fiscal 2023 due to labor shortages, according to Teikoku Databank.
Excitement returns to tourist spots in Japan one year on
On May 2, the streets of Arashiyama, a well-known tourist destination in Kyoto, were filled with tourists, including many from abroad, ahead of the four-day weekend.
After blockbuster boxing victory, what next for ‘Monster’ Inoue?
Naoya Inoue celebrates his victory over Luis Nery in their IBF-WBA-WBC-WBO super bantamweight title boxing match at Tokyo Dome on Monday.
After blockbuster boxing victory, what next for ‘Monster’ Inoue?
Naoya Inoue celebrates his victory over Luis Nery in their IBF-WBA-WBC-WBO super bantamweight title boxing match at Tokyo Dome on Monday.
Xi bristles as Macron and von der Leyen urge China to do more on Ukraine
French President Emmanuel Macron, Chinese leader Xi Jinping and European Commission chief Ursula von der Leyen walk after their meeting in Paris on Monday.
How a Japanese scientist is turning the climate crisis into music
A screencap of a performance of Hiroto Nagai's “String Quartet No. 1 ‘Polar Energy Budget’” by the PRT Quartet
Japan’s tween skateboarders get head start on preparations for 2028 Olympics
Ibuki Matsumoto competes at an event in Osaka on April 21.
Pentagon reveals drone types for Replicator program to counter China
A U.S. Naval Special Warfare Operator fires a Switchblade 300 loitering munition during training exercises in Fallon, Nevada, last July. The U.S. Defense Department plans to use small drones — known in the Pentagon as “all-domain attritable autonomous systems” — to help counter Chinese military systems and tactics.

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